Lookonchain APP

App Store

Harmony has announced a rollback plan: it will revert to the state at 23:25:37 on August 11, with all subsequent blocks and transactions to be discarded.

2026.08.17 17:53:00

Harmony Protocol has unveiled a rollback plan for its abnormal ONE token minting incident, with Shard 0 set to roll back to block 92,730,034 and Shard 1 to block 94,978,278. Both blocks correspond to August 11, 2026, at 23:25:37 UTC. Validators will use replacement databases from these blocks, and subsequent blocks will be regenerated at heights 92,730,035 and 94,978,279 respectively. The first confirmed fraudulent mint occurred in Shard 0 at block 92,730,036, so the prior block was chosen as a safety buffer. After evaluating options including targeted burning, blacklisting, selective transaction replay, token migration, and direct database rollback, the team ruled these out as they could impact unrelated funds or cause chain state inconsistencies, leading to the final choice of a fixed rollback window. Harmony disclosed that one fraudulent mint wallet attempted 534 transfers of 5 billion ONE each within 106 seconds, with 477 successful transfers totaling 2.385 trillion ONE. The team noted that while fund flow tracking covers over 99.9% of fraudulent ONE paths, tracing to wallets or clusters does not confirm specific individual identities nor guarantee all related funds can be safely burned. Additionally, Harmony has completed full archiving of Shard 0 from blocks 92,730,035 to 92,871,662, covering 141,628 consecutive blocks, 109,126 regular transactions, and 315 staking transactions. All blocks and regular transactions after the rollback checkpoint will be discarded. The project is currently collaborating with exchanges, cross-chain bridges, and law enforcement to assess impacts and develop solutions. An independent third-party security firm has reviewed the incident, confirming the fraudulent mint and identifying main fund flows. Validators must execute rollback operations per the official recovery process.

Relevant content

Some Hong Kong-listed AI stocks are gaining, with Qunhe Tech surging more than 15%.

According to Bitget's market data, selected Hong Kong-listed AI stocks rallied, with Qunhe Technology surging over 15%, Xinzhi Holdings rising more than 4%, NetEase-S gaining over 3%, and Meitu up more than 2%.

8 minutes ago

South Korea's "storage giants" project third-quarter operating profit to exceed 184 trillion won, up from 90.8 trillion won in the same period of 2025.

This week, South Korea’s two leading storage chip giants will report their Q3 2026 earnings: SK Hynix is scheduled to release its financial results on Wednesday, followed by Samsung Electronics on Thursday. Driven by surging demand for AI chips and rising storage chip prices, the two giants are poised to post some of their strongest results ever, with combined Q3 operating profit projected to reach 184.4 trillion won (about $1.391 trillion). Samsung Electronics’ preliminary results announced on October 8 showed its Q3 operating profit hit 107.4 trillion won (about $801.7 billion), surging nearly eightfold from 12.17 trillion won in the same period last year. Analysts surveyed by market tracker FnGuide forecast SK Hynix’s Q3 revenue will reach 98.2 trillion won, with operating profit coming in at 77 trillion won. By comparison, Samsung and SK Hynix’s combined 2025 operating profit stood at 90.8 trillion won, with Samsung’s at 43.6 trillion won and SK Hynix’s at 47.2 trillion won.

8 minutes ago

California opposes the SEC's cryptocurrency regulatory plan, citing risks to investor protection.

California's financial regulators warned that a federal proposal could weaken protections for investors participating in high-risk crypto asset offerings. The California Department of Financial Protection and Innovation (DFPI) publicly expressed opposition to the Crypto Asset Regulation Rule after submitting a comment letter to the U.S. Securities and Exchange Commission (SEC). Federal securities laws still reserve states the authority to investigate fraud, deceptive practices, and violations by brokers or dealers. California’s core objection is that federal-level restrictions on state-level registration and qualification review requirements could deprive states of their regulatory tools for pre-screening high-risk projects.

8 minutes ago

Coinbase's Bitcoin Premium Index has been negative for 33 consecutive days.

According to Coinglass data, Coinbase’s Bitcoin Premium Index has posted negative readings for 33 consecutive days, with the latest figure at -0.1259%, pointing to sustained weak purchasing power in the U.S. market. The Coinbase Bitcoin Premium Index tracks the gap between Bitcoin prices on the platform and the global average market price. A negative premium usually signals heavy selling pressure in the U.S. market, falling investor risk appetite, rising market risk aversion, or capital outflows.

8 minutes ago

The Hang Seng Tech Index's intraday decline widened to 1%

According to Bitget's market data, the Hang Seng Tech Index extended its intraday decline to 1%, while the Hang Seng Biotech Index rose 1%.

8 minutes ago

CZ responds to BNB Chain's new Layer 1 (L1) plan: Multiple chains, one token.

According to BNB Chain's official documentation, the new Layer 1 (New L1) it is developing is a high-performance EVM-compatible Layer 1 built for low-latency on-chain activities, with features including sub-second finality, native account abstraction, transaction pre-confirmation, multi-channel reserved capacity, and on-chain privacy pools. CZ responded to this, stating: "Multiple chains, one token."

8 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano